Mizuho Stock Exchange, net profit for the April-June period decreased 25% to 38.4 billion yen - tax effect reaction, etc.

Updated 2024/7/30 16:02 JST
Consolidated net profit for the fiscal year ending 2024/4/6 (first quarter) announced by Mizuho Securities on the 30th was 38.4 billion yen, down 25% from the same period last year on a combined basis of US bases. Ordinary income on a quarterly basis recorded a record high of 48.9 billion yen due to depreciation of the yen, while final profit declined due to a reaction in tax effects from the previous fiscal year.
　　Ordinary income by sector was 12.9 billion yen with a 77% increase in the global investment banking division, 27.8 billion yen with a 9% decrease in the global markets division, and 4.9 billion yen with a 52% increase in the retail and business corporation division.
　　Managing Director Asai Satoru, who met, looked back on the first quarter and summed it up as “a smooth start for business.” The parent company, Mizuho Financial Group, will announce financial results on the 31st.